Thanks for the Montreal tip for banking. We were looking at Swiss Francs and even Singapore or New Zealand. The Swiss may have problems too and the franc isn’t tracking all that well.
How much confidence do people have in the Canadian dollar?
We are mostly in cash, some still stuck in the market. We think we have maybe three months to work out the plan before things start reversing.
We were looking at stocks up until mid December, but I saw 7000 coming. And who knows what the bottom will be, the market sure isn’t voting for Obama.
Saw a guy on tv today. He was really proud about only losing 4% in the mutual fund he runs. Sick. He goes in cash while congress is in session and then the market when they are on vacation. Sick. Reminds me of gamblers who like to play even if they lose.
Ping to my post #47